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Steel Exchange posts ~286% yoy growth in PAT for Q4FY22; stock jumps ~2%

It witnessed a decline of 16.79% yoy in Net Profit for FY22 at Rs116.48 crore as against Rs139.98 crore in FY21.

April 26, 2022 2:25 IST | India Infoline News Service
Steel Exchange India Limited has reported its financial results for the period ended March 31, 2022.

The company has logged a growth of 21.44% yoy in Total Income for FY22 at Rs1119.75 crore as compared to Rs922.05 crore in FY21. While total income jumped 9.81% yoy at Rs373.41 crore for Q4FY22 as compared to Rs340.05 crore in Q4FY21.

It registered a growth of 286.31% yoy in PAT at Rs112.48 crore for Q4FY22 as compared to Rs29.12 crore in Q4FY21. However, it witnessed a decline of 16.79% yoy in Net Profit for FY22 at Rs116.48 crore as against Rs139.98 crore in FY21.

The company has reported EPS of Rs13.34 for FY22 as compared to Rs11.58 for FY21.

Steel Exchange India is currently trading at Rs216 up by Rs3.6 or 1.69% from its previous closing of Rs212.40 on the BSE. So far, touched intraday high and low of Rs221.90 and Rs215.50 respectively.

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